Gross-To-Net Totals Statement

Gross-to-Net Totals

14. In addition to showing the information required by section 27 of the Electronic Registers and Ancillary Equipment Incorporated in Metering Assemblies Specifications, an electronic printer forming part of a metering assembly that indicates the amount of a delivery from a bulk meter, receiving meter or aircraft refueller equipped with an ATC shall provide a ticket that shows the net volume and gross volume, and the density used to determine the VCF.

14. In addition to showing the information required by section 27 of the Electronic Registers and Ancillary Equipment Incorporated in Metering Assemblies Specifications, an electronic printer forming part of a metering assembly that indicates the amount of a delivery from a bulk meter, receiving meter or aircraft refueller equipped with an ATC shall provide a ticket that shows the net volume and gross volume, and the density used to determine the VCF.

While we have seen the creation of some 1.1 million net new jobs since the height of the global economic downturn, while we have seen relatively strong economic growth, while we are on the cusp of a balanced federal budget, while federal taxes are at their lowest level as a share of our gross domestic product since 1965, while we have all of these things, the truth is that there remain challenges. For me, one of the great challenges is what I call the skills gap, the skills mismatch.

23. Invites the Commission and the Member States to exploit all margins of flexibility existing within the preventive arm of the Stability and Growth Pact (SGP) to balance productive and sustainable public investment needs with fiscal discipline objectives; considers that this could be done, for example, by excluding the aggregate volumes of national co-financing under the European Structural and Investment Funds from the limits imposed by the Stability and Growth Pact, by basing calculations for the purposes of the Pact on a Member State’s net cash requirements, as opposed to gross requirements, that is to say, net of the taxes payable ...[+++] on real expenditure (most importantly VAT), or by phasing the two sources of programme financing (European and national) according to different timetables, so that the funding would be wholly European during the first years of a programme and come entirely from national sources during the final years, on the assumption that the individual Member State concerned would, by that point, have managed to achieve tangible results in terms of the policy of containing the debt-to-GDP ratio;